Suppose we have the following Treasury bill returns
Question: Suppose we have the following Treasury bill return…
Suppose we have the following Treasury bill returns and inflation rates over an eight year period: |
Year | Treasury Bills | Inflation |
1 | 11.47% | 14.07% |
2 | 12.41 | 17.11 |
3 | 10.08 | 11.34 |
4 | 9.33 | 8.93 |
5 | 9.90 | 11.34 |
6 | 12.28 | 13.85 |
7 | 15.19 | 18.09 |
8 | 17.11 | 18.07 |
What was the average real return for Treasury bills over this period? |